A portrait of Frida Kahlo sells for a record $ 34.9 million at a New York auction

NEW YORK: A self-portrait of Mexican artist Frida Kahlo sold for a record $ 34.9 million at Sotheby’s, setting an auction reference for a Latin American artist’s most expensive artwork.
The sale, Tuesday night, of the oil on a 1954 masonry self-portrait titled “Diego y yo” (Diego and I) offers a window into her turbulent marriage with Mexican muralist Diego Rivera. The husband is depicted just above Kahlo’s eyes in the center of her forehead.
The tearful painting was completed by Kahlo in 1949, five years before she died at the age of 47. The artwork was in private collection and was acquired by the Eduardo F. Costantini Collection, a famous collector with a long-standing commitment to support of Latin -American. art and artists, and founder of Malba, Buenos Aires ’Museo de Arte Latinoamericano, said the auctioneers in a statement.
With this auction, Kahlo surpassed the previous record of the most expensive Latin American artwork in history sold at auction, which went to a painting by Diego Rivera, whose oil on canvas painting “Los Rivales” (1931) raised $ 9.76 million . at an auction at Christie’s in New York City in 2018.
An influential and recognizable figure in twentieth-century pop culture, the artist who is now considered a feminist icon, began painting in 1926 while she was recovering from a bus accident. The accident left her in chronic pain which she channeled into her art.
Kahlo was self-taught and sought out top painters from Mexico, including Diego Riveria, to teach her. She married Diego Rivera in 1929 and emigrated to the United States, where she lived from 1930 to 1933.
The last time “Diego and I” was sold at Sotheby’s was in 1990, when it became the first work by a Latin American artist to sell for more than $ 1 million. The value of Kahlo’s paintings has increased considerably since the 1980s, when one of her portraits sold for $ 85,000.
Kahlo’s previous auction record was $ 8 million for a painting titled, “Two Nudes in a Forest, which sold out in 2016. It was the highest price paid for Latin American artwork until 2018 when Rivera’s,” The Rivals, “was sold at the Christie’s auction house for $ 9.76 million, according to Al Jazeera.

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